Our Labor Market Analysis goes beyond conventional unemployment statistics to assess the true health of the job market. We track prime-age (25-54) employment rates, various wage growth measures, and job dynamism indicators like quits and hires to measure labor market tightness.
Labor Market Analysis
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31 Posts
Fed Policy
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Oct 21, 2020
While The Shock may have ended, labor market indicators suggest that we still need to respond appropriately to The Slog if we are to avoid a repeat of the lackluster “jobless recovery” following the 2008 crisis.
Labor Markets
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Dec 17, 2019
Demand for workers with criminal justice involvement and a history of incarceration appears to be rising in several regions across the country over the past few years, according to interviews with eight job placement professionals in cities spanning the nation.
Jun 21, 2019
Labor force entry likely explains between ⅓ to ½ of the rise in US prime-age participation from its recent trough, and that the level and slope of labor force flows suggest prime-age participation may have even further to rise in the absence of exogenous shocks.
Canada shows us that even when PA EPOP is pushed to new highs, wage and price acceleration does not necessarily follow or persist. It is time we rethink the interactions between labor markets and inflation.